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Indonesia's Central Bank Holds Key Rate at 4.75%, Pledges Further FX Intervention

GateNews
Monetary PolicyForex

Gate News message, April 22 — Indonesia’s central bank maintained its benchmark interest rate at 4.75% on April 22, marking the seventh consecutive meeting without a change and aligning with market expectations.

Central Bank Governor Perry Warjiyo stated that the bank has intensified foreign exchange interventions to stabilize the Indonesian rupiah, is prepared to implement necessary monetary policy measures to support the local currency, and remains committed to keeping inflation within its target range.

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